650 WEST AVE PH16, Miami Beach, FL 33139

Parcel: 0242040143340 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$767,114

Property Details

Beds
2
Baths
2.5
Living Sqft
2,147
Year Built
1997
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$1,155,900
2005-02-01

Tax Assessment History

$767,114
Assessed (2025)
$2,269,426
Market Value
$716,392
Taxable Value
$14,585
Annual Tax
2024
$745,495
$2,388,870
2025
$767,114
$2,269,426
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $767,114 $2,269,426 $716,392 $14,585
2024 $745,495 $2,388,870 $695,495 $14,160

About 650 WEST AVE PH16, Miami Beach, FL 33139

650 WEST AVE PH16, Miami Beach, FL 33139 is a 2-bedroom, 2.5-bathroom residential - total value : condominium - residential built in 1997 with 2,147 square feet of living space. The property is currently owned by TIMOTHY E MARTORELLA &W DANA BROOKE MARTORELLA, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2005-02-01 for $1,155,900. The 2025 assessed value is $767,114 with a market value of $2,269,426. The assessed value increased 3% from $745,495 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone.

The median household income in this area is $67,614, and the median home value is $434,900. The population density is 29,194 people per square mile. 650 WEST AVE PH16, Miami Beach, FL 33139 is located in Miami Beach, Florida.

Property records, tax assessments, sales history, and ownership information for this Miami Beach property are sourced from miami_dade County public records. The current assessed value represents 66% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $538 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

TIMOTHY E MARTORELLA &W DANA BROOKE MARTORELLA
650 WEST AVENUE UNIT PH-16, MIAMI BEACH, FL, 33139-5524
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$6,536 — $11,539
Flood $400 — $800
Property/Wind $6,136 — $10,739

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$67,614
Median Home Value$434,900
Pop. Density29,194/sq mi

Neighborhood 33139

20.8%
Owner-Occ
79.2%
Investor
715
Flips (4yr)
12,810
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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